Michael Jordan’s 1998 Bulls jersey sells for record $14 million to Miami investor

FILE - Chicago Bulls' Michael Jordan pulls the ball out of reach of Utah Jazz guard Jeff Hornacek during third quarter action in Game 2 of the NBA Finals in Salt Lake City, June 5, 1998. (AP Photo/Mark J. Terrill, file) A red Chicago Bulls jersey worn by Michael Jordan during Game 2 of the 1998 NBA Finals has sold privately for $14 million, setting a new record for basketball memorabilia. Pennsylvania-based Hunt Auctions announced the sale on October 12, 2026, and identified the buyer as Miami real estate investor Ron Firman. According to ABC News, the jersey is the one Jordan wore on June 5, 1998, when the Bulls defeated the Utah Jazz to even the championship series at one game apiece.The sale confirms that Jordan memorabilia has moved beyond the world of sports collecting and into the territory of major cultural assets. Hunt Auctions president David Hunt said Jordan’s importance in the memorabilia market has escalated into an elite asset class more commonly associated with iconic works of art.The jersey from game 2Jordan wore the red road jersey during Game 2 of the 1998 NBA Finals against the Utah Jazz. The Bulls won that game, tying the series after losing the opener, before go...